According to today's Times, the Smithsonian Institution is embarking on its first private fundraising drive:
Smithsonian Is Planning a Big Fund-Raising Push
By ROBIN POGREBINWASHINGTON, Nov. 19 — The Smithsonian Institution’s Board of Regents voted Monday to undertake a major capital campaign to help raise the $2.5 billion needed to improve and repair its buildings. It is the first large-scale private fund-raising effort in the organization’s history.
Because the Smithsonian gets 70 percent of its $1 billion operating budget from the federal government, raising money from private sources will be a significant departure for the institution.
However, a similar story appeared 80 years prior:
March 6, 1927
Famous Washington Institution Needs Funds to Carry Out International Science Labors -- Founded Nearly a Century Ago
An appeal for public support for the Smithsonian Institution was made the other day at a meeting in Washington attended by President Coolidge, Vice President Dawes, Chief Justice Taft and members of the Cabinet. As Chancellor of the Smithsonian Institution, Chief Justice Taft stressed the fact that, contrary to popular belief, his famous scientific museum is a private institution, under guardianship of the United States Government, but is not an official bureau. Funds are needed to carry on its work.
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